TTK Prestige Ltd.

NSE: TTKPRESTIG | BSE: 517506 | ISIN: INE690A01028 | Industry: Household Appliances
| Expensive Performer

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TTK Prestige Ltd.
31 May 2017
641.30
1.16%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research TTK Prestige's (TTKP) consolidated Q4FY17 results were above our estimates on the revenue and profitability front. Consolidated revenues came in at | 397.5 crore vs. our expectation of | 376.1 crore. Standalone revenues grew 21.8% YoY to | 366 crore (I-direct estimate: | 350 crore). The revenue beat was driven by health growth in domestic sales (up 23% YoY) to | 372 crore. Exports declined 14% YoY to | 10.6 crore albeit on a smaller base...
TTK Prestige Ltd. is trading below its 100 day SMA of 690.0
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